General News

April 25, 2017 @ 11:14 am By JD Alois  |  

The Securities and Exchange Commission (SEC) will hold its first “Twitter Chat” on investing wisely. According to the SEC, the outreach is part of  Money Smart Week and Financial Literacy Month. The Offices of Public Affairs and Investor Education and Advocacy will host the Twitter… Read More

April 25, 2017 @ 10:54 am By Samantha Hurst  |  

XY Planning Network (XYPN) announced on Tuesday it has opened application registration for its second annual Fintech Competition during its #XYPN17, which is a financial planning conference that is exclusively for advisors serving the generation X and Y markets. The event will take place in Dallas, Texas… Read More

April 25, 2017 @ 9:58 am By Samantha Hurst  |  

The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, announced on Tuesday they are collaborating to develop a module on fintech, which is set to better equip students with essential knowledge and skill sets in this area…. Read More

April 25, 2017 @ 9:05 am By Samantha Hurst  |  

SmartBiz Loans, an online SBA marketplace and bank-enabling technology, announced on Tuesday it added Five Star Bank to its technology network. The company stated its technology platform would match Northern California-based bank to the right customers in a fraction of the time, allowing the bank to originate… Read More

April 25, 2017 @ 7:00 am By Erin Hobey  |  

LendKey, a leading lending-as-a-service provider for banks and credit unions, released its Student Loan Refinance Report, its second in a series that highlights borrower trends across banks and credit unions. This latest report focuses on the state of student refinancing including the borrower demographic, their… Read More

April 25, 2017 @ 6:56 am By Erin Hobey  |  

According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an additional $200 million (nearly Rs 1,300 crore) injection from an unnamed Chinese investor. FreeCharge, part of online marketplace Snapdeal, has reportedly been seeking a buyer for some time, having recently… Read More

April 25, 2017 @ 5:24 am By Erin Hobey  |  

In the context of the Horizontal Taskforce on Fintech and Distributed Ledger Technologies (DLT), the European Parliament has mandated the European Commission to implement a pilot project in order to build up technical expertise and regulatory capacity. The European Commission intends to launch a call… Read More

April 24, 2017 @ 7:17 pm By JD Alois  |  

BBD-FNB Ltd., a China based big data provider has created a “Global Crowdfunding Index” in partnership with Crowdsurfer and the Academy of Internet Finance (AIF) at Zhejiang University and headquartered in Hangzhou. BBD (Business Big Data) is a founding member of AIF. The Index is said… Read More

April 24, 2017 @ 2:58 pm By Samantha Hurst  |  

Barclays Bank recently selected the 10 fintech startups that will be participation in its second acceleration program, powered by TechStars, at its Africa’s Rise fintech innovation hub in Cape Town. According to TechStars, the second class’ applications extended to 52 countries across the globe and… Read More

April 24, 2017 @ 1:15 pm By Samantha Hurst  |  

Innovate Finance announced on Monday its members will be joining a RegTech delegation to New York City this week, which is being organized by the Department for International Trade (DIT). According to the organization, this is DIT’s first RegTech mission to America and will be part of… Read More

April 24, 2017 @ 11:46 am By Samantha Hurst  |  

Blockchain startup, Humaniq, announced on Monday it has appointed Former winner of BBC’s The Apprentice, Tim Campbell, has been appointed as a new member of its board. According to Humaniq, Campbell will join Alex Fork, Dinis Guarda and Dmitry Kaminskiy on the board. Speaking about his appointment, Campbell… Read More

April 24, 2017 @ 10:48 am By Samantha Hurst  |  

Equifax Canada announced last week the launch of its Risk Reveal, which is said to help businesses achieve better credit decisions at a faster rate. The fintech company stated that by combining the depth of two credit databases into one solution, the new feature would… Read More

April 24, 2017 @ 10:14 am By JD Alois  |  

Asset Match, a London-based company offering a trading market for unlisted companies, is out with a report on UK sentiment following Brexit and Article 50 progress. According to their research, consumers are rallying behind British business with “overwhelming confidence” that UK business will benefit from… Read More

April 24, 2017 @ 8:11 am By JD Alois  |  

Following the announcement that real estate crowdfunding platform PeerRealty had been sold to Brelion, founders Jordan Fishfeld and Juan Hernandez are shifting their energy to solving a pressing issue in the alternative finance space: creating a secondary market for alternative assets including securities sold on… Read More

April 23, 2017 @ 9:49 pm By JD Alois  |  

DeClout (SGX:5UZ) has launched a new incubator program designed to help local Fintech startups. Announced today, the program has been launched via its wholly-owned subsidiary, DeClout Investments Pte. Ltd. Under its incubation program DeClout will mentor early-stage startups and help them in product development, proof-of-concept,… Read More

April 23, 2017 @ 5:26 pm By JD Alois  |  

Dow Jones Venturesource is out with their most recent European Venture Capital report and, according to them, the numbers are good for the first quarter of 2017. While the total amount of venture funding raised in Q1 2017 is below Q1 2016, the numbers are… Read More

April 22, 2017 @ 4:29 pm By Samantha Hurst  |  

Nevada-based Fintech startup Prime Trust announced on Friday it has appointed former Hambrecht Partner and CTO, Whitney White as its new COO and CTO.  According to Prime Trust, during his 17 years at Hambrecht White assisted in the design and execution of the company’s capital… Read More

April 21, 2017 @ 12:00 pm By Jonathan Nieh  |  

On April 20, 2017, amendments to Rule 147 and new Rule 147A, federal intrastate offering exemptions, finally went into effect. The amendments to Rule 147 and new Rule 147A are intended to modernize and update the exemption that allows companies to raise money from investors who… Read More

April 21, 2017 @ 11:07 am By Samantha Hurst  |  

Blockchain company Humaniq announced on Friday it has formed a partnership with global consulting firm Deloitte. This news comes just after Humaniq secured $3.9 million through its initial coin offering.  Humaniq stated its currently on a mission to provide financial inclusion products and services powered… Read More

April 21, 2017 @ 10:04 am By Samantha Hurst  |  

On Friday, BMO Harris Bank announced it has formed a partnership with technology and entrepreneurship ecosystem 1871 to launch a new Chicago-based fintech three-month mentorship program. The new program, which is called the BMO Harris/1871 FinTech Partnership, will offer six selected startups with the following: A… Read More